Focus Financial Network Inc. Purchases 35,934 Shares of JPMorgan Active Bond ETF $JBND

Focus Financial Network Inc. boosted its position in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 94.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 74,053 shares of the company’s stock after purchasing an additional 35,934 shares during the period. Focus Financial Network Inc. owned about 0.07% of JPMorgan Active Bond ETF worth $4,018,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC purchased a new position in shares of JPMorgan Active Bond ETF in the 3rd quarter worth approximately $26,000. True Wealth Design LLC bought a new position in shares of JPMorgan Active Bond ETF in the third quarter valued at approximately $36,000. Cornerstone Planning Group LLC purchased a new stake in shares of JPMorgan Active Bond ETF during the third quarter valued at approximately $38,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of JPMorgan Active Bond ETF during the third quarter valued at approximately $65,000. Finally, Advisory Services Network LLC bought a new stake in JPMorgan Active Bond ETF during the third quarter worth $66,000.

JPMorgan Active Bond ETF Trading Down 0.3%

Shares of JPMorgan Active Bond ETF stock opened at $53.51 on Wednesday. The business’s fifty day simple moving average is $54.22 and its 200 day simple moving average is $54.24. JPMorgan Active Bond ETF has a 12 month low of $51.96 and a 12 month high of $55.78.

JPMorgan Active Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1891 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, February 2nd. This is a positive change from JPMorgan Active Bond ETF’s previous monthly dividend of $0.19.

JPMorgan Active Bond ETF Company Profile

The JPMorgan Active Bond ETF (JBND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a diverse portfolio of U.S. dollar-denominated, investment grade bonds JBND was launched on Oct 11, 2023 and is issued by JPMorgan Chase.